Yes it is possible but...
Problem
It is not recommended to receive mining payouts to a hardware wallet (Ledger Nano, KeepKey, Trezor...). Hardware wallets are intended more as a long term savings account with few transactions, and less as a current account.
Solution
Instead it's better to consolidate the transactions on an online/local account and transfer them periodically to the hardware wallet.
Explanations
From Ledger
If you have mining activities and receive multiple small payments,
also called "dust payments", on your hardware wallet, it can saturate
the synchronisation of your Blockchain transactions, and cause an
unexpected length during every validation or verification processes.
This issue is due to the unexpected number of small unspent
transactions coming from your mining activities that your hardware
wallet can hardly achieve to spend all in once.
From Trezor
In general, it is not recommended to direct pool payouts to hardware
wallets like TREZOR. All hardware wallets have limited computational
power, especially when compared to a desktop computer, and thus
require more time to sign a transaction. This is not an issue with
normal transactions, but when spending pool payouts, this can severely
prolong the time required. Consolidate your pool payouts in an
external wallet and then send your savings to your TREZOR.
Alternatively, increase the threshold for pool payouts directed to
your TREZOR, so that you don’t receive small amounts every day.